Bitcoin remained volatile around 21837. Coinme, a bitcoin ATM company, announced that its 10000 ATM outlets now support users to purchase eth, matic, chain, Doge, LTC and XLM. Neil Bergquist, CEO of the company, said that coinme's integration of six other cryptocurrencies provided users with greater interaction freedom.
Bitcoin btcusd - 4-hour K-line diagram shows:
According to the 4-hour chart, the weak side of the low-level narrow range consolidation is slowly rising, and the short-term bulls start to wait for the opportunity to enter the market. The market is still in the low-level weak consolidation, the MACD index is in the short area and maintains a slow upward trend, and the RSI index is in the narrow range consolidation below the 50 equilibrium line;
Long and short turning point: 21325
Pressing position: 21837, 22171
Support position: 21006, 20719
Trading strategy: bullish above 21325, target 21837, 22171
Alternative strategy: bearish below 21325, targets 21006 and 20719